USD 58m expansion planned by Standard International

Published on : Tuesday, March 12, 2019

 

Standard International announced expansion plans and global development pipeline of 15 domestic and international properties.

 

Amar Lalvani, CEO of Standard International said that this is an exciting time for their team uncovered its plans involving 15 hotels across the globe.

 

The Standard, London , a 266-room property will be the first European property in the pipeline that will be developed at the historic Camden Town Annex across from St Pancras Station which is slated to open in Spring.

 

Lalvani mentioned that they  have a global pipeline of incredible projects well underway in some of the most interesting places in the world — all with first-rate partners.

A USD 58 million capital investment from Bangladesh –based real estate development group Sansiri PCL was made in 2017.

 

New hotels in key destinations such as the Maldives, Bangkok, Phuket, Jakarta, Hua Hin, Pattaya, Lisbon, Mexico City, London, Paris, and Milan are among the pipeline included in the company’s expansion plan.

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